Aug 10, 2008 09:19
Liberalism is not Socialism, and never will be. There is a great gulf fixed. It is not a gulf of method, it is a gulf of principle. ... Socialism seeks to pull down wealth. Liberalism seeks to raise up poverty. Socialism would destroy private interests; Liberalism would preserve private interests in the only way in which they can be safely and justly preserved, namely by reconciling them with public right. Socialism would kill enterprise; Liberalism would rescue enterprise from the trammels of privilege and preference ... Socialism exalts the rule; Liberalism exalts the man. Socialism attacks capital, Liberalism attacks monopoly.
(from a speech made after winning the Dundee by-election in 1908, quoted at the The Churchill Society website)